Higher production & throughput - The company said increased production, including a 36% rise in throughput at Kolpa and the addition of Terronera, contributed to higher silver and gold output.
Higher realized metal prices - The company said realized silver and gold prices more than doubled from a year ago, boosting revenue.
Cost increases - The company said cash costs and all-in sustaining costs per silver ounce rose due to higher royalties, third-party material costs, and sustaining capital expenditures, especially at Terronera.
Outlook for Terronera and growth initiatives
The company said the Terronera mine complex ramp-up is expected to continue through Q3 2026.
Endeavour said it is advancing growth initiatives in the second half of the year.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell".
The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy".
Wall Street's median 12-month price target for Endeavour Silver Corp is C$21.50, about 96.5% above its July 28 closing price of C$10.94.
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 11 three months ago.
Q2 revenue rises on higher production and metal prices
Canada's silver miner said Q2 revenue rose 149% year/yr on higher production and metal prices.
Adjusted EPS for Q2 turned positive from a loss a year earlier.
The company cited higher production, record ounces sold, and higher realized prices as key drivers.
EXK•
